Early retirement

As a Section C member, your Normal Pension Age (NPA) is 60 for benefits built up before 1 April 2009 and 65 for benefits built up after that date.

You can retire early and take your pension at any time from age 50 onwards (age 55 if you joined the BTPS after 5 April 2006).

As long as you meet HMRC regulations and have the company's agreement, you can take your pension at any time from age 55 while continuing to work for the company.

Benefits built up before 1 April 2009 must be taken at the same time as benefits built up from 1 April 2009, and cannot be drawn at different times.

Drawing your pension early usually means your pension will be reduced.

Frequent questions

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